23 September 2016
W Resources Plc("W" or the "Company")
Investor Presentation - September 2016W Resources Plc (AIM:WRES), the tungsten, copper and gold mining, exploration and development company with assets in Spain and Portugal, has lodged an updated Investor Presentation on the Company's website.
HighlightsCommencement of tungsten concentrate production at La Parrilla in Spain
La Parrilla has unique combination of very low unit capital costs and low operating costs of US$81/mtu over the first 6 years of production
Low-cost, high-grade development of Régua planned
Gold and copper assets advancing
The Investor presentation is available on W's website at the following link: http://www.wresources.co.uk/
Enquiries:W Resources Plc Michael Masterman T: +44 (0) 20 7193 7463 www.wresources.co.uk | Grant Thornton UK LLP Colin Aaronson / Jen Clarke / Harrison Clarke T: +44 (0) 20 7383 5100 |
SI Capital -Broker Andy Thacker / Nick Emerson T: +44 (0) 1483 413500 www.sicapital.co.uk | Gable Communications Justine James T: +44 (0) 20 7193 7463 M: +44 (0) 7525 324431 |
In 2012, W Resources Plc (AIM:WRES) made the successful transition into a tungsten production exploration and development company with projects in Spain and Portugal, following two acquisitions.
Projects include La Parrilla, a tungsten project in Spain and Régua and Tarouca Tungsten projects and the CAA/Portalegre copper-gold project in Portugal.
The Company's deposits and tungsten mine developments offer a low cost, high margin resource development opportunity due to a strong market following for Tungsten, increased trading and a forecast shortage of supply.
The Board is focused to explore further opportunities in the region with a view to building a mid-tier minor metal producer.
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W Resources plc published this content on 23 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 September 2016 06:38:06 UTC.
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